The dollar index remained steady as the naira showed some strength at the official market on Wednesday. This offered relief to both the naira and the…
Browsing: foreign exchange
According to FMDQ data, the Naira weakened against the Dollar in the foreign exchange market, beginning the week on a poor note. The Naira exchanged at…
In the world of global finance, few significant metrics are used to measure a country’s foreign exchange and gold reserves. These reserves act as a financial…
Recently, Ghana’s local currency, the cedi, has been losing ground against major trading currencies, particularly the US dollar. As of Wednesday, 4th September 2024, at 10:00…
Data from FMDQ shows that the Naira appreciated massively against the Dollar at the official foreign exchange market on Wednesday. The Nigerian currency gained N1543.84 per…
The Naira began the week on a negative note as it slumped against the Dollar at the foreign exchange market.According to FMDQ data, the Nigerian currency…
Ghana’s local currency, the cedi, has experienced significant depreciation against major trading currencies, especially the US dollar, in recent times. As of 10:00 AM on Friday,…
According to FMDQ data, the official foreign exchange market saw the Naira fall against the Dollar on Tuesday for the first time in two weeks. On…
According to FMDQ data over the past seven days, the Naira advanced by N42.88 weekly in comparison to the dollar in the foreign exchange market due…
The Naira dipped against the Dollar at the foreign exchange market after the Central Bank of Nigeria (CBN) increased its interest rate. According to a Bureau…